On the series — which has received an order for 10 one-hour episodes, and will be produced by "Bar Rescue" producers Eyeworks USA — the trio will "seek out and help 'diamond in the rough' failing restaurants meet their potential," according to Spike.

"Each week, the 'Hungry Investors' team puts two struggling restaurants to the test to prove they deserve a second chance at success," Spike said in a release. "The enterprise that shows the most promise of turning things around earns a significant cash investment. Both establishments seek to prove to the expert team that the only thing keeping them from financial fortune and success is finding an investor who believes in them."

Meanwhile, "Bar Rescue" has been renewed for a fourth season, to begin airing in the fall.